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economic soundness to this country. that take as big deal. a lot of pain. democrats are upset the president talked about pain on their side of the ail and republicans are saying no way will we give tax relief to middle income americans. they want to continue tax relief to the wealthy. everyone agrees a number around $4 trillion will make a serious debt on our deficit. it will send a statement to the world that the u.s. has gotten ahold of their fiscal problems and they are moving forward. it will give confidence to the american people that we can move forward to bring economic soundness. that's the president's commitment. >> 6:00 on the east coast. welcome to "morning joe." look at that nice live look at times square. joe is looking spify today. he went shopping. it is monday, july 11th. >> i don't know what that means. >> we have msnbc -- well, yes. this is unusual. we have msnbc contributor mike barnicle, john heilemann. what's so funny? >> yeah, what's so funny? i don't get it. he's back. >> we can't get him to leave. we have "morning joe" economic analyst steve rattner and in washington
14% in taxes and corporations pay 0%, and you raise more, you can have us a big deal here. >> they're still drawing lines in the sand that seem insurmountable with weeks to go before the august 2 deadline, congressional leaders are heading back to the white house today for yet another meeting to reach a deal on raising the country's debt ceiling. officials familiar with the negotiations say majority leader eric cantor dominated yesterday's meeting. cantor laid out what was agreed upon in the deficit reduction talks led by vice president biden, specifically $2 trillion in cuts in the next decade. the figure includes $1 trillion in discretionary spending. $200 billion in medicare and medicaid. and $200 billion to $300 billion on saved interest in the debt. >> so the military -- the military, i guess, comes in in the mandatory discretionary spending. >> military. >> sources familiar with the talks add that after the presentation president obama said the two sides might be able to reach consensus on roughly $1 pp 7 trillion. but there are still some issues to resolve. at one point in t
for john boehner, i think boehner was exactly right, his instincts were let's get a big deal, the problem is he couldn't sell it to his caucus dominated by tea party who consider themselves patriots, but this -- >> six months ago you heard bill talking about it with stuart varney, said we shouldn't be raising taxes in a down economy. andrea. >> he's absolutely right. these crazy tea partiers that bob loves to blast every chance he gets have the same position that president obama essentially had in 2006 when he said we shouldn't vote to raise the debt ceiling and if we did it would be irresponsible so the president, big political issues on the line but i agree with bob in one respect, john boehner has real trouble within his conference. there are members of the gop caucus that have come out and said we're not voting for any kind of deal as long as it includes raising the debt ceiling so boehner does have to work with democrats. big challenges on both sides. heather: democrats bob certainly have a problem, a lot of them are saying no cuts to social security, no cuts to medicare, no cuts to
will be here on set with us. >> this is big. >> huge. >> willie, who is going to be number one? are we looking at oklahoma? alabama? >> could be a tie situation. i have to say. we should point out vanderbilt got a great recruiting class. >> they did have a great recruiting class. >> they did. >> my understanding is the average s.a.t. just above 1300. unprecedented. for a co--ed football team. [ male announcer ] get ready for the left lane. the volkswagen autobahn for all event is back. right now, get a great deal on new volkswagen models, including the jetta, awarded a top safety pick by the iihs. that's the power of german engineering. hurry in and lease the jetta s for just $179 a month. ♪ visit vwdealer.com today. but when she got asthma, all i could do was worry ! specialists, lots of doctors, lots of advice... and my hands were full. i couldn't sort through it all. with unitedhealthcare, it's different. we have access to great specialists, and our pediatrician gets all the information. everyone works as a team. and i only need to talk to one person about her care. we're more than 78,000
it could be a big day for our whole entire country. >> and the news is whether we've got a deal or not. shortly after ten o'clock last night. harry reid said you know, i was going to have everybody show up in the mid feel the night and take a vote at 1 a.m. and he received word from the white house that apparently, the white house and this really hacks him off, you know, because it kind of bypasses him, and former speaker pelosi, dealing directly with mitch mcconnell, joe biden 6789 it sounds like they've got a deal, and close to a deal and some of of the frame work as well to talk about it. >> yeah, it looks like it's been going back and forth and take a look, it looks like debt ceiling increase, 1.2 trillion to 2.4 last night last through the night and living in my office, as high as 2.8 trillion dollars in debt ceiling increases, spending cuts have to be about the same amount commensurate. >> dollar for dollar. >> at least if not more. >> and guys, there's a little bit of wrangling whether or not that balanced budget amendment that john boehner needed so badly to get the house to vo
. the big question today is, will they be looking at that medium-sized deal and will they have enough details to get something done? there is not a lot of certainty that they can cut that big deal. the president has said he cannot cut a short-term deal. they have to have a deal. there is a lot of uncertainty right now. it is all very unstable, very much up in the air. everybody is playing for their negotiating position right now. the president is using the leverage he has to keep up as much pressure as he can. >> jessica, i am sure you will be answering that question from that. >> john king is here. it is interesting. the president is going to be in the briefing room. he is out of the east room where there would be a dramatic announcement. this is just sort of a surprise in the middle of these tough negotiations. he has decided to go public to try to put pressure on us. >> i am not surprised. i find it interesting that before they go pack back to mee 2:00 in the afternoon, he is coming out of here to talk about the state of play. the president can go directly to the american people an
>>> the big story today, money talks. i'm matt milner for dylan ratigan. you'll be shocked. no magic the fix out of today's bipartisan sitdown at the white house. more agreeing to disagree for now. >> nothing is agreed to until everything is agreed to and the parties still far apart on a wide range of issues. everybody acknowledged that there's going to be pain involved politically on all sides. >> still, the president hinting at subtle signs of progress. now pushing to double the size of proposed spending cuts to $4 trillion over ten years. democrat and republican leaders will work through the weekend and meet with president obama again on sunday. areas of potential xpra mize, closing loopholes in the tax code if it doesn't sound like a tax code and changing yearly adjustments for social security. yes, social security is back on the table. though the white house says their only goal, "strengthen the program." keep in mind the august 2nd august debt ceiling deadline is less than four weeks away. mike viqueira is live on the lawn of the white house. what if anything was acco
at this hour? that is the big question that people want the answer to. the lawyers were successful disguising where she went in the overnight hours. even the press not able to keep up with her. cameras shooting this video of casey anthony walking out of the front doors of the orange county jail at 12:11. wearing pink me low shirt, hair in a bun and the primary defense attorney jose baez right by her side. they got in a motorcade, a gray suburban, a cream colored tahoe and white follow-car and drove directly from the location to a bank of of america building in downtown orlando, not far from here, where her other attorney has an office. they went in covered parking garage and pulled a bait and switch. the suv never emerged from the parking garage, but others cars did and it's not clear which one that casey anthony was in. we can tell you around the same time there was police activity across town at a private airport. a private plane was fuelled up and ready to go on the runway, but nobody saw casey anthony boarding the aircraft. officials telling us it was scheduled to carry golfers vacationin
it is that momentous. the flurry of talk last week about going big and swinging for the fences were underscoring the idea of the president and the speaker to persuade the democratic and republican rank- and-file to go for something as big as $4 trillion. it was a long shot to begin with. both sides decided to spend a few days pursuing this long shot and it turns out that speaker behner blinked first. he was the first one to realize publicly that he did not have the votes in his own troops to get this through because it would require too much. host: if the number goes down from $4 trillion, what gets left behind? guest: you go from $4 trillion down to something. the fall back number we think is $2.50 trillion. that is the amount of deficit reduction that would be necessary to get republicans to vote for an equivalent amount of debt ceiling increase. that is what is required to keep the treasury in the flush to get for the next election. that is the number and we know that the vice president had six members of congress and they were pretty close. they were at about $2 trillion. entirely from the s
name kidnap her. that was a big fat lie. warm welcome for soldiers returning home from war. more than 50 national guard troops returned to cedar rapids, iowa, after spending a year in afghanistan. about 2800 men and women will return home to the area in the next few days. this is the largest deployment that the state has seen since world war ii. and those are your headlines. >> let's talk about what's going on. couple of days ago, we heard the president of the united states say don't call my bluff, eric cantor and i'll take my case directly to the american people. today, the president is going to take his case to the american people. he has a press conference this morning at 11:00 a.m. >> we'll see what he says again. there's no talks today, folks. they've been doing them every day this week. there was a rumor maybe they'd go to camp david this weekend but not sure if that's going to happen. no talks today. >> fascinating to see after an hour and 19 minutes yesterday that eric cantor did not say a word today, yesterday, and on thursday. now the president for the second time this week
? >> what we need to do is the president proposed that we deal with this very big problem in a big way. and that democrats should put all of our sacred cows on the table. we demonstrated that we're willing to put all our sacred cows on the table. the republicans are simply not willing to do anything but sit on their hands and cross their arms like spoiled children, almost. and that's just not responsible. what democrats want to do when it comes to dealing with entitlements is make sure that we don't end medicare as we know it. that we don't cut benefits but we look at medicare and social security in a way that can preserve the long-term solvency of those programs and not propose what the republicans have to end those programs. >> speak of safety nets, the president did say in his interview last night that he could not guarantee that he would continue paying social security benefits if there were a default. this is what michele bachmann had to say about that. >> we were all shocked and appalled that president obama dangeled out in front of the cameras that senior citizens may not get th
a lot. he want as big deal. will he and the president find a compromise? guess who is back? nancy pelosi, your favorite friend, the foam house speaker is back at the table and is in open the debt talks and wants to point the fingers at ... guess who? >> day one of 85 of the republican majority in the congress and we have not seen one jobs bill come to the floor. >>dave: day 185. we expect the republican congress to create jobs in less than a year yet the democrats had four years in control of congress and did what for jobs? >> and the day of fast tush around in the media and all at, quick response from romney about her comments. listen to this. uncertainty is probably the one thing, a heck of a problem. is my company going to be here? it is tough. things have to change. have to change. >>dave: that ad in response to comments early this week, from the senior advisor to president obama who said people will not vote based on the unemployment rate and jobs numbers but based on their situation. well, their situation is the unemployment rate. it is the jobs numbers. that is their reality. so,
between himself and michele bachmann. >> big difference between talking and getting stuff done. and i get stuff done. >> it's the latest chantner the rivalry of the two minnesota candidates for the republican presidential nomination, which boiled over yesterday, with pawlenty having spent almost two weeks saying bachmann has no congressional accomplishments to speak of, bachmann had enough. in a sunday statement, she fired back saying "i've fought against irresponsible spending while governor pawlenty was leading a multimillion dollar budget mess in minnesota." later the bachmann campaign added on healthcare mandates, climate change and wall street bail-outs there's very little daylight between governor pawlenty's record and the obama administration's." this back and forth comes with pawlenty still trailing bachmann in the polls. for bachmann, the verbal sparring seems to come with at least some risk. it will likely draw even more attention to the iowa straw poll, less than three weeks away, and pawlenty seems to have the advantage of a larger, deeper iowa organization. the straw poll bal
is it shows that the united states system is not set up to do big things. when a crisis like this comes up they cannot do a deal that would show stability to the world. >> ronald reagan and tip o'neal made big deals. in the 1990s, bill clinton and the republican congress made big deals. and mika, it's not over yet, but it has gotten to the point already that this is damaging the reputation of the united states the longer it goes, and i think we're talking about it damaging our reputation more every day that the crisis goes on. >> i think both sides would agree with that. after a weekend of meetings resulting in yet another impasse, president obama is canceling two fundraisers today to continue negotiations. senate majority leader harry reid said the talks broke down last night because of the republicans insistence on a short-term deal, and their plan would cut $2.7 trillion over the next ten years. officials say it raises the debt ceiling but no tax increases. and he salaid out his latest solution. >> there will be a two-stage possible. it's not physically possible to do this in one step.
of spending would go into effect. >> including entitle ms. the big question we have is where are revenues in all this? we can talk about that in a minute. let's take a quick break. we'll be right back. >> the clerk will call the roll. ♪ ♪ ♪ ♪ look at that car, well, it goes fast ♪ ♪ givin' my dad a heart attack ♪ [ friend ] that is so awesome. ♪ i love my car [ engine revving ] [ male announcer ] that first chevy, yea, it gets under your skin. ♪ >>> we're taking a look at the picture of the senate floor. the senator from maryland is speaking right now. we just heard from the senate majority leader, harry reid, who told us that he believes they are close to an agreement, which is something that senate mitch mcconnell told us earlier today. i'd like to play for you now, while we're waiting to hear from senator mitch mcconnell on the senate floor, something gene sperling, the director of the national economic council, told me. he said that tax cuts are not on the table for about a year and a half. let's take a listen. thanks for being with us this morning. >> thanks for hav
should be spending time to get americans back to work and fixing the economy. there is a big issue coming up with regards to the debt ceiling. president ought to be in washington meeting with republicans, meeting with democrats. he shouldn't leave that town until he has an understanding of what it's going to take to get this economy going again and deal with the fiscal crisis, but he is here raising money for a campaign. doesn't even have a primary opponent. >> gregg: might gop governors rally around mitt romney. he is lashing out at the current president? >> i think that is possibility. i think what you elude to, governors think that those from their ranks make the best president. you have heard a number of governors yet to endorse that idea they would like to see a governor as the nominee. they would like to see a governor as the next president. i think you have to wait a while until the field narrows or some things become a little clearer. at this point i just don't think there is enough reason for the vast majority of the governors to come together and endorse and pick a candidate. >>
unpublished research that indicates it might be simply big time peptide disorders. we don't know. i don't think it's as simple as trying to pass by the kentucky fried checken outlet without going in. this is a serious medical problem. we need to know more about it before we know how to treat it right. >> not that i disagree with you, governor but sometimes we reach for more complex reasons when the simpler reasons are in front of us. the tv remote control clicker and video games. this nation is filled with kids from 8 to 18 who never get off the couch. look at the advertisements for the real to life video games we have around us. that's all they play. they don't go out and play catch or run down the block to get milk. >> i think that's true. i didn't mean to say it had nothing to do with it but i think it's going to be a complex set of problems. it's going to defie easy political solutions. >> we'll move on to the budget. nine of ten states with the highest obesity led by mississippi, alabama and west virginia. they lead the nation in diabetes and high blood pressure. it's, you know, ob
sure the motion gets scored and that could be a big pickup in this whole process. that allows things to die. >> that will give them three days to hate it. >> you don't want to deal hanging out there so long because hit a pi like anata. you don't want rank-and-file members to feel like it was crammed down their throats striking that balance on the timing will be critical. >> the deadline to get some the to the floor is what to t? the house republicans announced they canceled one of their work. in their district. >> economists have told me that you will start to seek markets get a little spooked. by the end of next week or early the following week. that is something that will make it from both sides want to avoid. >> does that put more pressure on them? >> absolutely. >> in the week after, they will need a couple of days to debate it in the house and the senate could do it within hours if they have an agreement. if no one tries to filibuster, it will be fairly quick. they should probably start the debate by this week. >> thank you for being part of our program. [captioning performed by
the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that's why the network that connects, protects, and lets your data move fearlessly through the clouds means more than ever. >>> jack cafferty is here with "the cafferty file." >> in 2008 president obama promised to get all troops out of the iraq by the end of this year. after winning the presidency, he vowed to keep that promise. now is the deadline for military withdrawal approaches, he's apparently prepared to break that promise. gee, what a surprise. he's offering to leave 10,000 troops in iraq indefinitely. the white house says it's concerned that the planned pullout at the end of the year could spark violence and trigger militant attacks there. and don't forget all that oil. any extension of u.s. military presence depends on a formally request from the iraqi government. so far no request has been made, but the pentagon wants to give the prime minister and his government time to decide, so if they need the help, there's time to plan
commitment to big government. what they would like to see is the government sweated down. that's the point they've been trying to make. and there are honest differences and people have a very different view of what kind of society we ought to live in. >> but at a certain point, david, when there was a big deal on the table, and if as you say the president could have brought nancy pelosi along, and i agree with you i think he could have, the republicans would have gotten a great deficit reduction deal if they hadn't committed to the no tax pledge, right? >> but gloria, asking any party to commit to a $1 trillion of tax increases is an awful big lift for a party that is all along stood for lower taxes. and when they also feel a lot of these cuts are going to turn out to be illusory. their experience in the past they sign onto the bargains and they feel the democrats eventually wind up getting what they wanted and what they were promised never materializes. >> but there's a big difference between that and nothing. you know? a big difference. [ overlapping speakers ] >> where do you see the mi
>> huh. >> but obviously it was a bad attack. but a big, sophisticated attack is how this official is putting it. and they also said it could be international, or it could be domestic norwegian. again, very early to make that assumption or that conclusion. >> right. early hours, a lot of information still to come out. i appreciate it. . let's continue this breaking news coverage with my colleague wolf blitzer. >>> a bombing shatters norway to its core. and a shooting at a youth camp. president obama asking for a dialling back of the demonizing. ten days before the deadline, one republican plan gets a firm smackdown in the u.s. senate. and some surprising new movement in the republican presidential race. we're going to tell you who's suddenly making a strong impression on potential voters. i'm wolf blitzer in "the situation room." the breaking news this hour, a city known for peace making is reeling in terror. norwegian leaders holding a crisis meeting tonight after a deadly bomb attack in oslo and the shooting at a labor party youth camp outside the norwegian capital. at least seve
. big savings -- it's a good look for you. [ blower whirring ] [blower stops] the safety was off. out there with a better way. now, that's progressive. live at capitol hill, the number of congressmen meeting behind closed doors, many getting whipped by their leadership to vote on this boehner bill. another story. an army soldier who says he was planning another attack on fort hood is in custody in texas, and it appears local law enforcement may have averted a second disaster on the base. national security correspondent jennifer griffin has details. good evening, jennifer. >> good evening, bret. private first class naser abdo had gone awol, applied for and received conscientious objector status, but that status was put on hold when the army found child pornography on his government computer. he was arrested after trying to buy guns and gunpowder from guns galore. according to army sources, abdo bought three boxes of 12-gauge ammunition, a magazine for a springfield nine-millimeter gun, and six canisters of smokeless gunpowder. the gun store owner who tipped the police said he became su
and cuff links and cowboy boots in the ring with him. >> yahoo. >> mike: don't touch my junk food. big government getting bigger and advertisers in the food industry say they feel pressured by new federal guidelines. shouldn't parents decide what their kids eat. "fox & friends" sunday morning continues right now. ♪ >> hey, everybody, good warning by mike jarrett there. >> ainsley: good to see you. >> mike: and gets better looking every week. >> dave: you, too, sweetheart. >> ainsley: we're glad to be waking you up this morning. hope your family is doing well. >> dave: the best news for all of you saturday night we thought a big deal was going to happen. and now it appears that a smaller deal is on the way because john boehner late last night made the announcement that we're giving up talks on that grand deal that's been discussed where republicans would give in on tax hikes, democrats would give in on entitlements and this guy what john boehner had to say. >> now, we can't agree if there's any new taxes involved and of course on the other side the democrats say here we go. >> so, bo
with political philosophy in the house. as the debt line approaches and house republicans are going to have a big choice -- they picked this fight with the president for a reason, the debt limit is not going to be raised unless we do something on the deficit projections now and in to the future. but the problem with the house republicans is, they never answered affirmatively in a politically sa political politically saliable way what the a the answer should be. you have to have a plan that can pass both chambers and the president can sign. otherwise, you're talking past the other party. >> the question is, nicole, what is republican position right now? at the end of last week, we had republican leaders on in the house, guys i like very much personally. been a champion of paul ryan. back from the time i met him, in 1994. but we ask, what do you want? and their position was, it's not enough to close the tax loopholes. we've got to cut tax rates, income tax rates for individuals and corporations. that's not going to happen in 2011. they know it's not going to happen. i say, okay, let's say you got t
, some real big news, actually, because speaker boehner, it seems, may have a plan that will come to fruition, before 4 p.m. this afternoon so that the asian markets aren't rattled and it will involve sort of a two pronged approach. >> yeah, but the most important part of the two step process clayton mentioned there's going to be a short-term extension involved and the democrats have objected to that, as you know, from the very beginning, the president, nancy pelosi, harry reid all three last night reiterating they will not support a short-term extension. so it appears we are playing with some serious fire on this sunday. >> what does john boehner do, comes up and hands over the paper work, they immediately say no. listen to this, thises what mitch mcconnell has to say about this. there is bipartisan agreement on the need to prevent fault and given the unprecedented size of the debt ceiling increase, the president is requesting, this is not an easy process. and the effort to prevent default while substantially reducing washington spending will continue. >> of course, all of the co
and ohio. but as big of an obama fans he is, he's prepared to not lift a finger to help the president get re-elected if the white house backs cuts to medicare, medicaid or social security. >> it's so personal for me because when we talk about cuts to medicare, medicaid and social security, i think of my 90-year-old grandmother. she lives on social security and any cut to that social security check or any rise in her medicare premiums, that's a direct cut to her -- to what she needs to live on. it's 101 degrees right now. that means that she's going to be forced to pay more -- or pay more withless. and that's last thing we need to be doing in economic times like this. >> he works for the progressive change campaign committee a group that delivered to the obama campaign office 200,000 pledges from former supporters saying if you touch social programs, we're out. bu entitlements are still on the table. many liberals and democrats feel president obama is giving away their sacred cows, while not insisting republicans concede on tax increases. >> unfortunately or fortunately, you're going to ne
and dime the people who need it most but when it comes to war, there's a big, fat blank check. we need to be honest with ourselves. we need to be honest with each other. across the country, the americans, hard working, tax paying citizens who oppose war. they oppose their hard earned dollars being sent overseas to support 10 long years of war. but let me be clear. they do not oppose paying their taxes. they are not anarchists rr anti-government activists. but as conscientious objectors to war these americans want their taxes invested here at home. think want to provide food for the homeless, pave roads and strong schools. they want medicare and social security to exist for their parents, their children and their grandchildren. they want their tax dollars to care for soldiers and their families when they return home. they will see an end and cure to cancer. they want a cure for aids. they want to see small business thrive. and innovation become the en-in of our economy. they want high speed rail like in asia. they want transit systems that are safe and get people where they knead to go.
a big misunderstanding. the 18-year-old placed what was feared to be a bomb near the beam structure in chicago's millennium park. it wasn't a bomb. it was two bricks duct taped together with wires hanging out of it, a prop from a sci-fi costume he wore to a convention. he was charged with disorderly conduct. a scare for defense secretary leon panetta. three rockets slammed into baghdad's green zone on day two of his visit there. the secretary is fine and no one else was hurt. panetta flew to baghdad from afghan t afghanistan and he's meeting with leaders there and meeting with u.s. troops. early wake-up call on the shuttle atlantis. >> ♪ i get knocked down i get back up again i get knocked down i get back up again ♪ >> seems like i just heard it on the radio yesterday. waking up to the song and today they will be supplying a supply module on the outside of the international space station using a robotic arm and they'll prepare for a space walk tomorrow. meantime, nasa keeping a close eye on some space degree that could come dangerously close to the space station. the duke and d
. president. my name is amanda. i am a big fan. i am originally from iowa. >> nice. >> yes. i am an atheist. in 2008, you asserted no organization receiving taxpayer funds would be able to discriminate in hiring or firing based on a person's religion. however, you've not rescinded the executive order that permits this discrimination. when it is difficult for a person to get a job based on her skills, what would you say to a woman who has been denied employment because of her religion or lack of religious beliefs by a taxpayer funded organization? >> this is a very difficult issue, but a more narrow one and i think might be implied. it is very straightforward that people should not be discriminated against for race, gender, sexual orientation or religious affiliation. what has happened is there has been a carved out dating back to president clinton's presidency for religious organizations and they're hiring for particular purposes, and this is always a tricky part of the first amendment. on the one hand, the first amendment ensures there's freedom of religion. on the other hand, we want to m
and other democrats. it's not about increasing taxes for anyone. it's about getting rid of some of the big businesses who do not need these extra funds. host: phil in orlando, florida, an independent. what are your thoughts? caller: good morning. we should work on a grand bargain, instead of a mini-deal. to me, it is basic common sense. we need to get people moving in the process. it could be a national bordering program -- national program to do some work that would stimulate your psychological and social well-being. secondly, we should be making sure the parties are not playing politics and bowling to their constituents, who basically seem like the corporations that are running the government. host: would you characterize the tea party as a corporate complex? caller: the tea party has merits. we understand their protests. there seems to be sort of an ideology attached to it, as well, which is under the surface of the tea party. host: let's talk to william, a democrat in hollywood, florida. go ahead. ay the: i'm going to s grand deal. that's what we need to make. second of all, entitlemen
of this cut, cap, and balance. the would like a big deal as obama calls it. speaker john boehner is interested in that, but not much support in making a deal from his own caucus. willing to open his mind to a smaller deal. host: you can read more at com.olitico dot martin kady was joing us. thanks. we are looking at how this issue will be alert and impact the elections of politicians. should this make or break a congressional career? connecticut, good morning to you. caller: this is a great example of how it will have an impact on congressional careers. there are two factors. one is doing nothing, if it is presented as normal and responsible behavior, and to come up with specific cuts on the other hand and is portrayed as dangerous, republicans will pay a price, because the irresponsible behavior that got us into this. the other aspect is who do you believe? the president falsifying the health insurance aspect of his mother's cancer could be so troubling. if the president would make up false tales about what health insurance companies did or did not do for his mother, imagine what he would say
: i think they are looking at a deal short of this cut, cap, and balance. the would like a big deal as obama calls it. speaker john boehner is interested in that, but not much support in making a deal from his own caucus. willing to open his >> more from this morning's "washington journal." the role that religious conservatives are playing in politics. at the table, richard land of theouthern baptist convention. all of these fiscal matters. in terms of how a religus conservative views the nation's debt? >> guest: we're borrowing 41 ces of every dollar our government spends. we have been living way beyond our means for a lg time. if we do not quickly address it, and i mean quickly and significantly, we're going to foreclose our children and grandchildren's future. they will spend their entire lives paying off our debt. my generation will be the first generation in american history to be quick to the children and grandchildren and or standard of living than the one we had. my parents would be aghast at this theorld w ii generation would be aghast. their whole lives were dedicated to u
the democrats point of view, no tax hikes as well. >> that's the big sacrifice? one of their big cuts is a trillion dollars out of the defense budget because they figured out that the iraq war is winding down so afghanistan is also winding down and that's the trillion dollars they thought they'd save but they don't list anything with the harry reid plan and not to look at entitlements, how could you possibly say we're taking a hard look and making tough decision abouts the future of our -- of the country economically and not look at entitlements when even the president of the united states has had a problem. let's look at john boehner. he says, all right, i'll raise the debt ceiling. this is what i mean by a two phased plan. just a trillion dollars and we'll have $1.2 trillion in cuts by the end of the year. the future cuts will be commissioned and sent up after they commission a bipartisan panel to decide, you know, republicans or democrats to decide which will be cut and what shouldn't. >> and apparently, it would be along the lines of the cut, cap and balance as you can see right t
son would have killed himself rather than slaughter dozens of people. >>> bp has a big turnaround. the company raked in more than $22 billion in profits for the quarter! >>> the debt, minute-by-minute, the nation inches closer to the brink of twault. the countdown less than seven full days before the federal government runs out of money and unable to pay its bills. in washington a stark message is delivered between the president and the speaker of the house. their parties are desperately divided and you and i are about to pay the price. we are covering all of the angles from wall street to the white house. ali velshi getting really creative and looking at the cost americans could face even before time officially runs out. of course, dan lothian with the politics and the posturing. ali, let's start with you. the markets open this hour, okay? how is the debt issue going to impact things today and the rest of the week? i know yesterday, you kept saying give me a little more time and i'll let you know when to worry but how many times can we say that? we are not worried yet. we are wat
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